Understanding Settlements of Asbestos Lawsuits

Many individuals who suffer asbestos-related diseases have filed civil action against parties that exposed them to toxic asbestos and have won compensation at trial or through a settlement out of court. However, the amount of compensation each one received depended on the exact specifics of their case and the severity of their injuries.

Filing a lawsuit against companies at fault for their injury is a way to hold parties at fault for the injury accountable for their neglect. In addition, financial compensation to assist victims in paying their medical bills and recoup their lost wages. The amount of compensation differs for every mesothelioma claim. The recompense each victim receives ranges from just a small sum of money to millions.

Predicting the amount of compensation can be challenging, just like determining how the case will be resolved. However, a reputable personal injury attorney who specializes in asbestos disease cases can use proven methods to gauge the victim’s eligibility for compensation along with the value of their claim.

The Claims Process For Asbestosis and Mesothelioma Cases

Seeking compensation in a mesothelioma case is not as simple as just filling out a claim form. Personal injury tort laws is complex. Successfully obtaining recompense requires proof of what parties are at fault and the level of injury suffered by the victim. In nearly every case, a diagnosis of mesothelioma can be traced back to specific companies or one company that exposed the victim to asbestos.

When it can be proved to the company knew, or should have known, about the specific dangers to exposure to the toxic chemical, they can be held legally liable for damages. However, because of the complexities of state tort law involving asbestos-related disease claims, it is usually imperative to hire a skilled attorney to handle the case.

Settling the case for compensation is usually achieved through three specific avenues including:

Quick Settlement – Many times, defendants who are facing lots of cases will want to settle each claim quickly to avoid the legal expense of taking cases to trial. However, accepting a quick settlement can cause significant financial damage to the victim if the compensation is not adequate to cover ongoing and future medical bills along with lost wages and other damages caused by asbestos exposure.

Accepting an Offer – Companies that expose others to asbestos tend to drag out the amount of time they have in responding to a valid claim for compensation. They hold out in an attempt to wear down the victim who might grow tired or financially desperate and ultimately accept an offer significantly lower than the value of the claim. However, an attorney experienced in mesothelioma cases will likely advise their client to refuse to accept the lower offer and instead build a solid case for trial to ensure they receive adequate recompense.

Accepting a Settlement at Trial – Nearly every type of mesothelioma case is settled out of court. However, obtaining the amount the victim deserves usually requires building a solid case against the defendant. Typically, defendants will settle the case before taking the case to trial to avoid negative publicity and the high cost of courtroom litigation.

Numerous factors can influence the amount of settlement obtained through negotiation or trial. A skilled attorney can determine the value of the claim and investigate the case to see if any third parties are also liable for exposing the victim to asbestos.

Hiring an Attorney With Experience Resolving Mesothelioma Cases

Rosenfeld Injury Lawyers fight aggressively for their clients who have suffered illnesses caused by asbestos exposure. We seek both compensatory and punitive damages when the negligent actions of all parties at fault are egregious. Our aim is to provide you experienced legal representation to receive adequate compensation for your injuries to cover all of your expenses now and in the future.

While we acknowledge that you are likely entitled to large award for punitive damages, a large verdict by juries is never guaranteed. Because of that, we offer our best legal advice to help you decide if settling out of court or proceeding to trial for a jury verdict serves in your best financial interest. To schedule an appointment free no obligation free consultation, call our law offices at (888) 424-5757 so we can evaluate your claim for compensation and provide you legal options.

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